The JetAirways proceedings illustrated a legal vacuum which is yet to be addressed.

The question that this blog asks is whether the trade is a net gain and whether the amendments will be a gain for one class of threshold disputes, while at the same time shifting the fight to a more fact-driven and less predictable landscape.

The Corporate Laws (Amendment) Bill of 2026 introduced a structural change. It resulted in a decrease in the required approval from 90% to 75% for fast track mergers based on member and creditor votes. This is meant to streamline corporate restructuring, but it also causes worry about protecting minority shareholders.